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NPCI Says PhonePe Violated UPI Norms

NPCI Says PhonePe Violated UPI Norms

Saturday, January 21, 2017, 10:02 AM

A day after the NCPI told ICICI Bank Ltd to give access to Flipkart’s e-wallet PhonePe, it did a U-Turn on Friday and said it is Flipkart’s e-wallet that is in violation of the interoperability norms under the UPI. NPCI has directed PhonePe and Flipkart to comply with the UPI guidelines and allow payments from UPI handles of all banks on their apps.
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